| Description |
1 online resource (46 pages) : color illustrations |
| Series |
IMF country report ; no. 16/201 |
|
IMF country report ; no. 16/201.
|
| Summary |
This paper discusses the current status of banking supervision and regulation in Montenegro in the context of select Basel Core Principles. It provides a brief overview of the financial system structure, bank system performance, and the framework for financial oversight. Laws, regulations, and supervision have improved significantly since the 2006 Financial Sector Assessment Program to align more closely with Basel and EU requirements. The banking sector dominates the financial system and accounts for about 90 percent of financial system assets, equivalent to about 93 percent of GDP as of June 2015. There are currently 14 banks operating in Montenegro, up from 11 in 2013 |
| Notes |
"June 2016." |
|
"Prepared by Damodaran Krishnamurti, Finance and Markets Global Practice, World Bank, and Michael Deasy, Monetary and Capital Markets Department, IMF; this technical note was prepared in the context of Financial Sector Assessment Program in Montenegro"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF.org website, viewed August 3, 2016) |
| Subject |
Banks and banking -- State supervision -- Montenegro
|
|
Fiscal policy -- Montenegro
|
|
Financial risk management -- Montenegro
|
|
Banks and banking -- State supervision.
|
|
Economic policy.
|
|
Financial risk management.
|
|
Fiscal policy.
|
| SUBJECT |
Montenegro -- Economic policy
|
| Subject |
Montenegro.
|
| Form |
Electronic book
|
| Author |
Deasy, Michael, author, (IMF staff)
|
|
International Monetary Fund, publisher.
|
|
International Monetary Fund. Monetary and Capital Markets Department, sponsoring body.
|
|
World Bank Group. Finance and Markets Global Practice Group, sponsoring body.
|
| ISBN |
9781498326315 |
|
1498326315 |
|
